Which of the following income is not chargeable to tax in the case of Suresh who is resident but not ordinarily resident ?

CS Executive · Tax Laws and Practice · PYQS · December 2019
Which of the following income is not chargeable to tax in the case of Suresh who is resident but not ordinarily resident ?
(A) Income accruing outside India but received in India
(B) Income earned in India
(C) Past untaxed profit
(D) Income from business outside India but controlled from India

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C). Official source note: Which of the following income is not chargeable to tax in the case of Suresh who is resident but not ordinarily resident ? (A) Income accruing outside India but received in India (B) Income earned in India (C) Past untaxed profit (D) Income from business outside India but controlled from India

Topics: Income Tax

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